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Absa Ultimate Banking Account
Monthly Account Fee
R98
Open at a Branch Interest rates
  1. Bank /
  2. An account /

Get more value from Ultimate Banking
 

Easy access to credit

Borrow

Quick, easy access to credit with our new Enhanced Credit Facility, Balance Booster or a linked credit card with zero monthly fee.

Earn attractive interest rates

Save

Earn attractive interest rates when you save for short-term goals with Savings Boosters.

Lump sum death benefit included

Peace of Mind

Lump sum death benefit included for the first year at no extra cost.

Get Cashback in your pocket every time you swipe

Absa Rewards

Get Cashback in your pocket every time you swipe with Absa Rewards.

What you need to know
 

What you get

Qualifying criteria

Documents needed

Terms and conditions

  • What you get

    A transactional cheque account for your everyday banking needs

    • Balance Booster of up to R2 000 with no fees or interest
    • Optional Enhanced Credit Facility of up to R100 000* with 30-days interest free on Point-of-Sale transactions
    • FREE R100 000 life cover for the first 12 months
    • Earn attractive interest rates on Savings Boosters
    • Up to R1.5 million Travel Insurance and Bidvest Lounge Access with your VISA debit card.
    • An optional linked credit card with zero monthly fees.
       

    *Interest, credit facility and initiation fees apply. Please refer to the document download below for more information.

     

    Download all benefits

  • Qualifying criteria

    You must:

    • Be 18 years or older;
    • Earn a minimum of R4,000 a month to qualify for embedded credit*
    • Not be insolvent or having applied for, or under, debt counselling, or curatorship;
    • Not have signed surety for a company that is currently under business rescue;
    • Give consent to do a Credit Bureau check;
    • Be a South African citizen or resident with a valid South African identity document;
    • Have spousal consent if you are married, or deemed to be married, in community of property.
       

    Customers who are 55 and over will qualify for an Ultimate Prosperity Account.

    If your spouse has an Ultimate Banking account, you may qualify for a Spousal Account at a discounted monthly fee


     

    * Subject to risk and affordability 

     

  • Documents needed

    • Bar-coded ID book or card
    • Proof of income
    • Any one of the following documents* (original or certified copies) verifying your residential address:

    o Utility bill

    o Lease or rental agreement

    o Cellphone or clothing store statement

    o Bank statement from another bank

    o Correspondence from SARS
     

    *Must not be more than 3 months old.

  • Terms and conditions

    • Terms and conditions apply to benefits 
    • Download your Pricing Guide

    Please note you can open your Ultimate Banking account at any Absa branch

Introducing Premium Credit

More than just a credit card, it’s a new perspective on your life.
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One card solution

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Lifestyle and travel benefits

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Premium service

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You are our priority

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